You Cant Flip This Coin!1-Digital Curremcy

We’ve heard, and we agree, that blockchain technology is at a delicate stage in its development and use.
Equally, the Committee acknowledges that digital currencies and their technologies present a range
of challenges.
Therefore, the Committee strongly believes that a balanced regulatory approach is needed in the
digital currency sector.
Having completed the study, the Committee is of the opinion that the opportunities presented by
digital currencies, technologies and businesses outweigh the challenges.
The Committee is
confident that the implementation of our recommendations will have positive outcomes for
consumers, merchants, digital currency-related businesses, Canada’s financial services sector and
others.